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This paper reviews the history of bilateral trade negotiations between Taiwan and the U.S. The question posed at the outset is: does bilateralism enhance or jeopardize multilateralism? The U.S.-Taiwan experience seems to suggest a grossly negative answer. Bilateral negotiations for market...
Persistent link: https://www.econbiz.de/10012473546
regulatory race to the bottom. WTO rules and disputes, however, center on complaints about excessively stringent regulations … WTO legal framework in light of our results, arguing that it does a reasonably thorough job of policing regulatory …
Persistent link: https://www.econbiz.de/10012463108
, forms and possible impacts of each variant. We also speculate as to how the world trading system may evolve in the next few … trade and financial arrangements in the WTO and IMF, and eventually movement to linked global trade and environmental policy …
Persistent link: https://www.econbiz.de/10012464216
. However, they are likely to have a more prominent role in trade policy discussions in the years ahead for the new World Trade … more prominent, whether the WTO is an appropriate forum to discuss them, and how they affect developing and other economies …
Persistent link: https://www.econbiz.de/10012473136
What are the potential benefits from establishing international rules for the conduct of trade policy and how should these rules be designed? These questions are of central importance to the evolution of national trade policies in the post-war era, a period in which an elaborate system of...
Persistent link: https://www.econbiz.de/10012473937
Do countries with lower policy-induced barriers to international trade grow faster, once other relevant country characteristics are controlled for? There exists a large empirical literature providing an affirmative answer to this question. We argue that methodological problems with the empirical...
Persistent link: https://www.econbiz.de/10012471715
The decade from 1985 to 1995 was an unprecedented period of declining barriers to global trade. The reform wave was especially pronounced in developing countries where overvalued currencies were eliminated, quantitative import restrictions dismantled, and import tariffs reduced. What accounts...
Persistent link: https://www.econbiz.de/10013191068
world agricultural prices. Reduced agricultural price distortions among major supplying nations are predicted to increase … basic food prices and decrease some important export prices such as those for coffee and cotton. It appears that raising … food prices paid by food importers must be bad for them, while reducing world coffee and cotton prices appears bad for …
Persistent link: https://www.econbiz.de/10012472901
This paper reviews the recent problems of the opening of Japan's rice market and evaluates the Japanese government's rice policy from both an economic and political viewpoint. The Japanese government made strenuous resistance to the opening of Japan's rice market during the negotiations on...
Persistent link: https://www.econbiz.de/10012473528
Several of the recently negotiated regional trade agreements (Canada-U.S., NAFTA, E.C.-Hungary/Poland/Czeck and Slovak Republics) contain significantly fewer concessions by the large countries to smaller countries than vice versa. Yet, it is small countries that have sought them and see...
Persistent link: https://www.econbiz.de/10012474308